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Digital and in-office healthcare supplier Juno Medical raised $12 million in Sequence A funding spherical co-led by tennis star Serena Williams, managing accomplice at Serena Ventures, and Julian Eison, managing accomplice at NEXT VENTURES.
Huge Ventures, which led Juno’s seed spherical, additionally participated within the Sequence A funding alongside Empire State Growth’s New York Ventures, Genius Guild, TXV Companions, Gaingels, and former traders Humbition and Atento Capital.
The newest funding brings Juno Medical’s whole raised to $28.4 million, in accordance with Crunchbase.
WHAT IT DOES
Juno Medical is a healthcare service supplier that gives on-site appointments with physicians at their two New York-based brick-and-mortar services and digital companies for sufferers in New York and Georgia.
The corporate presents particular person and household care, wellness, specialty care, and on-site labs and imaging companies.
The funds will probably be used to develop into new markets and rent new suppliers. The corporate plans to open new clinics in traditionally marginalized communities, together with East Atlanta, the Greenwood District of Tulsa, Oklahoma, and the Metropolis of Inglewood, California, close to Los Angeles. Juno may even use the funding to develop its know-how platform.
“We’re honored to accomplice with Juno to develop upon their inclusive, full-service healthcare residence mannequin the place folks from all backgrounds really feel seen, heard and welcome,” Williams mentioned in a press release. “There’s a severe want to deal with fairness points in healthcare, psychological well being and wellness companies that many communities face. Juno and its proficient crew have the imaginative and prescient, mannequin and monitor report to disrupt the unacceptable establishment in healthcare.”
MARKET SNAPSHOT
A number of firms supply clinics geared towards offering take care of particular populations.
Digital specialty care firm Oak Avenue Well being is a series of major care clinics geared towards the Medicare inhabitants. The corporate acquired digital specialty care supplier RubiconMD for as much as $190 million in 2021.
Tia, a girls’s health-focused hybrid supplier, introduced it opened the primary of 10 deliberate brick-and-mortar clinics within the Bay Space in Could. It additionally introduced a partnership with UCSF Well being. The organizations would construct a community of built-in clinics to permit sufferers to coordinate specialty and inpatient care extra simply at UCSF.
Different firms within the hybrid care house embody One Medical, a membership-based major care group that gives digital care and in-person visits. Amazon introduced plans to accumulate One Medical in an all-cash deal price roughly $3.9 billion earlier this yr.
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